Sell Home Calculator

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Sell Home Net Proceeds Calculator

Sale Summary

Commission Paid: $0.00
Total Selling Expenses: $0.00
Estimated Net Proceeds: $0.00
function calculateHomeSale() { var salePrice = parseFloat(document.getElementById('salePrice').value) || 0; var commRate = parseFloat(document.getElementById('agentCommission').value) || 0; var mortgage = parseFloat(document.getElementById('mortgageBalance').value) || 0; var closing = parseFloat(document.getElementById('closingCosts').value) || 0; var repairs = parseFloat(document.getElementById('repairsCosts').value) || 0; if (salePrice <= 0) { alert("Please enter a valid Sale Price."); return; } var totalCommission = salePrice * (commRate / 100); var totalExpenses = totalCommission + closing + repairs; var netProceeds = salePrice – totalExpenses – mortgage; document.getElementById('displayCommission').innerText = "$" + totalCommission.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById('displayExpenses').innerText = "$" + (totalExpenses + mortgage).toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById('displayNet').innerText = "$" + netProceeds.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById('resultsArea').style.display = 'block'; }

How to Calculate Your Home Sale Net Proceeds

Selling a home is about more than just the sticker price. To understand how much cash you will actually walk away with at the closing table, you must factor in commissions, existing debt, and administrative fees. This Sell Home Calculator helps you visualize the "hidden" costs of real estate transactions.

Key Components of Home Selling Costs

  • Agent Commissions: Typically the largest expense, ranging from 5% to 6% of the sale price, split between the buyer's and seller's agents.
  • Mortgage Payoff: This includes the remaining principal on your loan plus any accrued interest up to the day of closing.
  • Closing Costs: These involve title insurance, transfer taxes, attorney fees, and escrow fees. Usually, these account for 1% to 3% of the sale price.
  • Repairs and Staging: Costs incurred to make the home market-ready, including professional cleaning, painting, or structural repairs found during inspection.

Example Calculation

Imagine you sell your home for $400,000. Here is how the math breaks down:

Sale Price $400,000
6% Commission -$24,000
Mortgage Balance -$250,000
Closing Costs (2%) -$8,000
Net Proceeds $118,000

Why Accuracy Matters

Using a net proceeds calculator early in the listing process allows you to determine your budget for your next home purchase. It prevents "sticker shock" during the final week of the transaction and helps you decide if you have enough equity to sell now or if you should wait for further market appreciation.

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